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Preview: Durables-Cons. Products-News By Industry-News-The Economic Times

Durables-Cons. Products-Industry-The Economic Times



The Economic Times: Latest business, finance, markets, stocks, company news from India.



Last Build Date: Fri, 24 Mar 2017 06:24:44 GMT

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Withdraw LED bulb distribution scheme: Industry to government

Wed, 22 Mar 2017 19:25:04 GMT

(image) The LED industry says the distribution scheme is leading to price distortion and discouraging retailers.



Cool summer ahead: AC prices down sharply, won't burn a hole in your pocket this year

Sat, 11 Mar 2017 04:03:05 GMT

(image) Prices of premium, energy efficient inverter ACs have crashed by up to 25 per cent as LG Electronics seeks to set competitive benchmarks.



Godrej Appliances eyes 20 per cent market share in 5-star, inverter AC

Tue, 07 Mar 2017 11:42:40 GMT

(image) "In the 5 million unit AC market, the five star plus category is growing in excess of 40 per cent," Godrej Appliances Business Head and EVP Kamal Nandi said.



With AC business heating up, LG and Godrej roll out plans for summers

Tue, 07 Mar 2017 09:39:31 GMT

(image) LG Electronics India rolled out 45 new models whereby it has made a shift of its split air-conditioner portfolio to inverter air-conditioners.



Panasonic eyes 10% market share in washing machines in FY18

Sun, 05 Mar 2017 07:28:04 GMT

(image) The company witnessed lower washing machine sales in November and December due to demonetisation but Minocha said the situation has started to normalise from January.



Crompton Greaves is now CG Power and Industrial Solutions

Thu, 02 Mar 2017 16:41:12 GMT

(image) The company is a fully integrated B2B power transmission and industrial solutions provider with a diverse portfolio of products, solutions and services for power and industrial equipment and solutions.



Havells to plan India plant for personal grooming products after 2-3 years

Tue, 14 Feb 2017 13:09:37 GMT

(image) Personal grooming is one of the fastest growing segments in the electrical equipment industry, recording a growth of 20-25% as against the fan segment, which is growing at 6-8%.



Budget 2017: LED lighting industry unhappy over import duty on inputs, to meet power minister

Thu, 02 Feb 2017 17:14:11 GMT

(image) There was no customs duty on imported MPCBs (motor protection circuit breakers) so far, while there was a 10% duty on finished LED products.



LED scheme triggers price battle in lighting industry

Wed, 25 Jan 2017 20:18:33 GMT

(image) Philips Lighting India, for instance, bagged a tender at Rs 38 per 9-watt bulb on a condition that it be awarded the entire contract for supply of five crore LED lamps.



Budget 2017: Government should bring in simplification of tax laws

Wed, 25 Jan 2017 06:51:51 GMT

(image) Though there are certain issues between centre and state government over processes and implementation, I hope government will redress such issues in the budget.



Recovery may not come this fiscal for capital goods companies

Wed, 18 Jan 2017 06:33:09 GMT

(image) L&T's management had earlier said it was on course to meet its guidance of 12-15 per cent revenue growth and 15 per cent order growth in this fiscal.



Recovery in sales through modern retail channels evident: Titan

Tue, 03 Jan 2017 14:34:22 GMT

(image) Analysts too are optimistic about the long-term prospects of the company, saying the recent correction is an opportunity to buy the stock.



Consumer durables to cost more in New Year

Fri, 30 Dec 2016 05:27:02 GMT

(image) The consumer durables sector was hit hard by demonetisation, especially in upcountry regions, with a 37-38% slump in overall sales in November this year.



Whirlpool eyes $1 billion revenue by 2020

Sun, 25 Dec 2016 08:03:14 GMT

(image) The company, which reported turnover of Rs 3,488 crore in the financial year 2015-16, recently officially launched its premium built-in kitchen appliance product range under brand 'Kitchen Aid' in India.



Consumer goods industry sales hit on liquidity woes

Sat, 24 Dec 2016 05:16:07 GMT

(image) These numbers might not reflect the real picture post-demonetisation, that is, November 8, as it calculates the business of the entire month.